The Fisher's equation has become a foundation stone of
modern macroeconomic, monetary and financial theories. Here it is shown that despite the estabilished status of Fisher's equation, it stands on...
On 04 Jul 2011 Mathematical formulations of Frank D. Graham’s theory of multicountry
multicommodity trade have not provided numerical methods for finding the
world trade equilibrium. Graham was in possession of su...
On 27 Jun 2011 The purpose of this paper is to pursue the implications of closing, in the sense of
rendering determinate, the Sraffa equations of production, prices and distribution
[Sraffa (1960)] by adding to th...
On 01 Jun 2011 This paper formulates a model of exchange rate determination that
describes the market processes by which the foreign exchange markets
are cleared and international receipts of countries are brought...
On 06 Aug 2009 This paper articulates a model of industrial production in which
technologies are of continuous-input continuous output-type. It is
shown that the model nevertheless has all the essential properties...
On 31 Jul 2009 |